LKQ Corp (NASDAQ: LKQ) is -12.97% lower on its value in year-to-date trading and has touched a low of $35.57 and a high of $53.68 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LKQ stock was last observed hovering at around $41.31 in the last trading session, with the day’s gains setting it 0.28%.
Currently trading at $41.59, the stock is 2.18% and -0.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.95 million and changing 0.68% at the moment leaves the stock -9.05% off its SMA200. LKQ registered -21.34% loss for a year compared to 6-month loss of -19.74%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 5.91% gain in the last 1 month and extending the period to 3 months gives it a -1.16%, and is -1.91% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.54% over the week and 1.86% over the month.
LKQ Corp (LKQ) has around 49000 employees, a market worth around $10.95B and $14.48B in sales. Current P/E ratio is 15.13 and Fwd P/E is 10.30. Profit margin for the company is 5.07%. Distance from 52-week low is 16.92% and -22.52% from its 52-week high. The company has generated returns on investments over the last 12 months (6.36%).
LKQ Corp quarterly earnings per share for the current quarter are estimated at 0.92 with sales reaching $3.66B over the same period.The EPS is expected to shrink by -6.40% this year, but quarterly earnings will post 5.10% year-over-year. Quarterly sales are estimated to grow 2.70% in year-over-year returns.
993.0 institutions hold shares in LKQ Corp (LKQ), with institutional investors hold 102.72% of the company’s shares. The shares outstanding are 267.20M, and float is at 261.46M with Short Float at 2.00%. Institutions hold 102.18% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 31.45 million shares valued at $1.31 billion. The investor’s holdings represent 11.7741 of the LKQ Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 26.49 million shares valued at $1.1 billion to account for 9.9165 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 13.23 million shares representing 4.9529 and valued at over $550.2 million, while MASSACHUSETTS FINANCIAL SERVICES CO /MA/ holds 4.4719 of the shares totaling 11.94 million with a market value of $496.77 million.
LKQ Corp (LKQ) Insider Activity
The most recent transaction is an insider purchase by McKay Matthew J, the company’s SVP – General Counsel. SEC filings show that McKay Matthew J bought 2,500 shares of the company’s common stock on Jul 29 ’24 at a price of $39.75 per share for a total of $99375.0. Following the purchase, the insider now owns 94670.0 shares.
LKQ Corp disclosed in a document filed with the SEC on Jul 29 ’24 that Galloway Rick (SVP and CFO) bought a total of 2,500 shares of the company’s common stock. The trade occurred on Jul 29 ’24 and was made at $39.88 per share for $99700.0. Following the transaction, the insider now directly holds 58126.0 shares of the LKQ stock.
Still, SEC filings show that on Jul 26 ’24, Jude Justin L (President and CEO) acquired 2,500 shares at an average price of $39.91 for $99764.0. The insider now directly holds 207,515 shares of LKQ Corp (LKQ).
